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Pullback Based ahead of 1.28 The........>

CABLE TECHS
CABLE TECHS: Pullback Based ahead of 1.28
The corrective pullback based ahead of 1.2800 with recoveries extending to the
1.2835/40 area. Bulls need to challenge the 1.2900 level to close the week on a
positive tone. Above here, downtrend resistance comes in at 1.2915, ahead of the
Jul 19 low at 1.2958. Failure to hold 1.2800 would see downside momentum build
with bears targeting the 1.2750 level and Aug 15 low at 1.2662.

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